A money manager from the Bank of Ayudhya revealed that the baht opened the market this morning at 32.78 baht / dollar, depreciating from The market closed last night at 32.73 baht / dollar as the dollar strengthened following higher bond yields. after being supported by numbers The US economy came out well, the economic growth rate in the fourth quarter of 2022 and the number of weekly jobless claims.
Although the direction of foreign capital during this period has inflows and outflows. Although the number is high, but the proportions are similar.
“The baht depreciated in line with global market trends. As the dollar strengthened against major currencies after being supported by numbers The US economy is doing well,” the money manager said.
Money managers estimate the movement of the baht today at 32.65 – 32.95 baht / dollar.
THAI BAHT FIX 3M (January 26) was at 1.26207%, while THAI BAHT FIX 6M was at 1.52568%.
- an important factor
- The yen was 129.75 ¥/dollar from yesterday evening at 129.95/96 ¥/dollar.
- The euro was at $1.0897/euro from last night at $1.0893/0897.
- Thai baht / dollar exchange rate The weighted average of the interbank BOT was 32.686 baht/dollar.
- Thailand’s gold tests 30,000 baht again after the world gold increased, there is a chance to see 2,000 dollars an ounce again. This year, the Thai market
There is a chance to reach a new high of 32,000 baht per gold baht.
- The survey showed that most economists expect the world economy to grow by no more than 2% this year as it tends to do
facing more risks The results of this survey are contradictory to many. The previous forecast was in a positive direction.
- The US Department of Commerce released the first estimate for the quarterly gross domestic product (GDP).
March 4/2022, noting that the US economy grew by 2.9% in the quarter. This beat analysts’ expectations of 2.8%.
After expanding 3.2% in the third quarter
- The Labor Department reported that initial claims for unemployment benefits fell by 6,000 to a seasonally adjusted 186,000.
last week Against analysts who expected a rise to 205,000
- Bitcoin increased past $ 23,000 or above 750,000 baht last night. in line with the rise of the Wall stock market
Street reacts to strong US economic data
- The US dollar gained against major currencies in trading on the New York Stock Exchange on Thursday (March 26).
c.) In response to better than expected US economic data. While investors keep an eye on the Federal Reserve (Fed) meeting next week.
- New York gold futures closed lower on Thursday (January 26) as strong US economic data pushed investors.
Capital sells gold as a safe haven asset. In addition, appreciation of the dollar is also a factor to put pressure on the gold market.
- Today’s US economic numbers are in the Personal Consumption Expenditure (PCE) Price Index for December. according to index
PCE is a measure of inflation that the Fed cares about. Because it can detect changes in user behavior. It also has a comment.
Prices of goods and services broadly outperformed the Consumer Price Index (CPI), the January Consumer Confidence Index and expected home contract sales.
Foreclosure (pending home sale) Dec.
- Investors are keeping an eye on the Fed’s monetary policy meeting next week. Although most investors predict that Fed will raise rates
Interest is only 0.25% at the meeting on 31 January – 1 February after the US Consumer Price Index (CPI) and Producer Price Index (PPI) indicated.
that US inflation has peaked
